Questions & Answers

I'm the trustee of a special needs trust. If the beneficiary needs something purchased, am I allowed to buy it on my personal credit card and then have the trust reimburse me?...

My trustee claims that I insulted him in an email, which I did not. I believe he does not want to have to file income taxes on a special needs trust and used this as an excuse to bow out of...

• Category:
• Special Needs Trusts

I have three children and one is an incapacitated adult child. I would like to prepare a will that leaves my house to the three children but puts one-third of the house in a special needs trust to benefit my...

• Category:
• Special Needs Trusts

Does a gift of $14,000 this year to a special needs trust (SNT) qualify for the annual gift tax exclusion? ...

• Category:
• Special Needs Trusts

A divorced couple has separate special needs trusts (SNTs) for their two special needs adult children.  The father has one trust for each beneficiary and the mother also has one trust for each beneficiary. The father does not want the...

• Category:
• Special Needs Trusts

Yes, but be aware that a co-trustee can be held responsible for another co-trustee’s breach of a fiduciary duty. Thus, it is important that all co-trustees pay close attention to everything that is done in the administration of the trust.

• Category:
• Special Needs Trusts

When an SSI beneficiary loses his government assistance, how do you cash out his special needs trust?...

• Categories:
• Special Needs Trusts
• |
• SSI and SSDI

If a special needs trust owns the house that the trust beneficiary lives in, who pays for the home expenses -- the trust or the beneficiary?...

• Categories:
• Special Needs Trusts
• |
• SSI and SSDI

We have a brother with special needs -- a documented intellectual disability -- who works full time and does not receive benefits. Our father just died and we have money coming, but he did not include our brother in his...

• Categories:
• Estate Planning
• |
• Special Needs Trusts